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[Solved] Impact on Child Maintenance calculation of investment property tax rules

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Will99
(@Will99)
Estimable Member Registered

@andrew8282 Oh yeah - this has been running so long I forgot that I had already quoted my letter in this thread ..

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Topic starter Posted : 26/10/2022 10:32 pm
andrew8282
(@andrew8282)
New Member Registered

@Will99 Hi will, Hows it going mate?  How did your hearing go?  not much this end, still waiting, so frustrating,, arghh

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Posted : 24/11/2022 8:47 pm
Will99
(@Will99)
Estimable Member Registered

@andrew8282

My hearing went very badly. The tribunal have upheld the variation (and two other variations I was appealing against).

They quoted the regulations which state that it is the amount of taxable income that is to be assessed. They also seemed to suggest that another factor in their decision was that if my appeal was allowed it would impact not just myself but all other NRPs who were landlords with property finance costs.

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Topic starter Posted : 28/11/2022 2:02 pm
philsubscribe
(@philsubscribe)
Active Member Registered

I was watching this to see what the outcome was. I guess in some ways this was likely to be the result because the law states exactly what the judge said and the judge is there to interpret the law, not change it - whether it's fair or not.

Sorry to read you've been through all this and had all the delays. As I said in a previous post, my ex will receive more property income than I will. C'est la vie.

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Posted : 28/11/2022 2:54 pm
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